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UK Regulators to Publish Tokenization Roadmap This Year After BlackRock, Coinbase Submit Feedback

Source
JH Kim

Summary

  • The UK Financial Conduct Authority and the Bank of England plan to publish a roadmap on the tokenization of financial assets later this year.
  • Regulators received a total of 123 responses during a consultation on tokenization policy.
  • Respondents included BlackRock, Coinbase, Hedera and Ripple.

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Photo: Shutterstock
Photo: Shutterstock

The Financial Conduct Authority and the Bank of England plan to publish a roadmap on the tokenization of financial assets later this year.

Cointelegraph reported on September 14 that regulators received a total of 123 responses during a consultation on tokenization policy.

Respondents included BlackRock, Coinbase, Hedera and Ripple.

The FCA and the Bank of England plan to use the submissions to prepare a roadmap setting out the future policy direction of the UK tokenization market.

#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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